Joy Global (JOY) Scheduled to Post Quarterly Earnings on Thursday
Joy Global (NYSE:JOY) will issue its Q314 quarterly earnings data on Thursday, September 4th. Analysts expect the company to announce earnings of $0.84 per share and revenue of $934.25 million for the quarter.
Joy Global (NYSE:JOY) opened at 62.56 on Wednesday. Joy Global has a 1-year low of $49.27 and a 1-year high of $65.36. The stock has a 50-day moving average of $62.02 and a 200-day moving average of $59.8. The company has a market cap of $6.250 billion and a P/E ratio of 19.77.
The company also recently declared a quarterly dividend, which is scheduled for Thursday, September 18th. Shareholders of record on Thursday, September 4th will be given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 1.28%. The ex-dividend date is Tuesday, September 2nd.
A number of analysts have recently weighed in on JOY shares. Analysts at JPMorgan Chase & Co. raised their price target on shares of Joy Global from $60.00 to $62.00 in a research note on Thursday, August 28th. On a related note, analysts at Zacks reiterated a “neutral” rating on shares of Joy Global in a research note on Friday, August 22nd. They now have a $67.00 price target on the stock. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and six have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $62.10.
Joy Global Inc is a manufacturer and servicer of high productivity mining equipment for the extraction of coal and other minerals and ores.
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